Noor Trends News, Technical Analysis, Educational Tools and Recommendations

February, 2022

• 25 February 2022 10:30 am

  Precious Metals Give up Gains After Biden Announces Sanctions on Russia

  

  Precious metals gave up gains, gold fell below $1,900 an ounce and palladium fell more than 5% as stocks rebounded after US President Joe Biden unveiled tough new sanctions against Russia on Thursday. And the price of gold in spot transactions fell 0.6 percent to $ 1895.76 an ounce, after …

  Read More »
• 25 February 2022 3:51 am

  Market Drivers – US Session – 24 February

  

  Fears and panic dominate financial markets as Russia launched a military assault on Ukraine. Moscow attacked not only the Donbass region but got near Kyiv during US trading hours. Russia ignores global sanctions and seems determined to take full control of Ukraine, while sanctions tend to avoid Russian energy. A …

  Read More »
• 25 February 2022 3:22 am

  Russia’s next bombardment on Kyiv expected at 01:00 GMT

  

  Russian military forces are expected to begin a large-scale bombardment of the Ukrainian capital city of Kyiv from around 01:00 o’clock (GMT), per a CNN correspondent citing an intelligence report. Markets have not reacted yet to this headline but it certainly will not be positive for global risk appetite if …

  Read More »
• 25 February 2022 3:09 am

  WTI Back Around $93.00 Area As Sanctions Avoid Russian Energy

  

  Oil markets saw the most intra-day volatility since in nearly three months on Thursday, with front-month WTI futures surging over $8.0 to above $100 for the first time since 2014, only to then drop all the way back to $93.00. The initial surge in crude oil prices was triggered as …

  Read More »
• 25 February 2022 2:43 am

  Biden Aims To Cripple Russian Economy With Sanctions

  

  US President Biden outlined a new round of sanctions against Russia on Thursday in response to an invasion of Ukraine that threatens to embroil Europe in a major war.The latest sanctions targeted Russian banks, as well as some of the nation’s wealthiest individuals. Biden depicted the measures as a necessary …

  Read More »
• 25 February 2022 2:20 am

  Bitcoin’s Drop Reveal It’s Not Digital Gold

  

  As geopolitical tensions rise, the cryptocurrency’s price has fallen. Bitcoin has experienced a choppy week amid Russia’s Ukraine invasion. Observers suggest the cryptocurrency might not be the safe haven backers believe it to be.Some digital-asset investors have previously described bitcoin as “digital gold”, referring to the idea that the cryptocurrency …

  Read More »
• 25 February 2022 2:00 am

  Stocks, Energy Markets Whipsaw After Russian Assault

  

  Stocks in Europe were sharply lower, but the S&P 500 rebounded after an early decline. Energy markets swung wildly, and shares in Moscow collapsed. Oil prices and global stock markets swung wildly on Thursday after Russia launched an invasion of Ukraine, raising fears of a wider economic crisis that could …

  Read More »
• 25 February 2022 12:39 am

  Gold Price plunges below $1,900

  

  Gold changed course after hitting a multi-month high of $1,974.40 a troy ounce and plummeted to $1,877.96, now bouncing modestly from the latter up to $1,889.80.Gold began shedding ground heading into the US opening, accelerating its slide afterwards. A recovery in Wall Street put the final nail on gold’s coffin …

  Read More »
• 24 February 2022 11:03 pm

  Biden Authorizes Fresh Sanctions Against Russia

  

  US President Joe Biden was scathing in his criticism of Russia’s attack on Ukraine on Thursday and announced that he would be authorizing new sanctions on Russia, including on exports. Biden said that the sanctions are designed to maximize the long-term impact on Russia’s economy but minimize the impact on …

  Read More »
• 24 February 2022 10:54 pm

  Moscow willing to negotiate terms of Ukraine’s surrender

  

  Russian government spokesperson Dmitry Peskov said on Thursday that Moscow is willing to negotiate the terms of Ukraine’s surrender. Peskov said that Russian President Vladimir Putin is ready to talk with Ukrainian President Volodymyr Zelensky if Ukraine agrees to compromise on Russia regarding its “red lines”. These include that Ukraine …

  Read More »
• 24 February 2022 10:42 pm

  Fed’s Barkin: Hope Fed can restore rates to pre-pandemic levels quickly

  

  Richmond Fed President and FOMC member Thomas Barkin said on Thursday that he hopes the Fed can restore interest rates back to pre-pandemic levels fairly quickly, reported Reuters. Barkin added that it is timely to normalise rates given strong demand, the tight labour market and high inflation. Barkin said that …

  Read More »
• 24 February 2022 10:25 pm

  Biden Ponders Cyberattack Options Against Russia’s Assault

  

  US President Joe Biden has been presented with a “menu” of options for potential cyberattacks designed to disrupt Russia’s ability to sustain military operations in Ukraine. Four US unnamed sources said that no final decision had been made in this regard.US intelligence officials say US intelligence and military cyber warriors …

  Read More »
• 24 February 2022 9:42 pm

  Mester: Situation in Ukraine considered for Fed’s policy

  

  The eruption of the conflict unfolding in Ukraine could have an effect on the US economy in the medium term and should be factored in as Federal Reserve policymakers remove accommodation, Cleveland Fed President Loretta Mester said on Thursday.The Fed official said she expects inflation will moderate this year as …

  Read More »